As an IT manager, discuss how your company will use Enterprise Resource Planning (ERP) to integrate the various functions of an entity. What are the advantages of using ERP? In your discussion, please be sure to provide substantive explanation of what ERP is and give example(s) of ERP. Use APA throughout.
The Enterprise Resource Planning systems include various IT applications that serve key corporate functions, and involve centralized information shared by many users that includes one or more databases programs to add, delete, change, analyze, or otherwise act upon data elements in those databases. The ERP model may look as under:
Diagram:
The characteristics of ERP is that is that integrates many software applications and business functions using a common database with the following potential benefits-
However, it also suffers from certain potential risks which are as under:
Certain examples of ERP package would include the ERP package for Customer Relationship Management and that for the Supply Chain management.
In case of the web selling of CRM model, it shall help in the following ways:
In case of SCM, ERP can help in the following ways:
However, various other examples of ERP packages could include:
For a general overview, let us take an example of an ERP information system, SAP which is a highly efficient ERP package under the Information System that can help to resolve the problems found in Organization that works into Projects Planning, to undertake various civil engineering architectural projects. Hence, in a centralized control system of an Organization with the application of the SAP Information system, following could be briefed:
Encountering with Control systems at work in a Company:
Supposing an Organization is a conglomerate with Shipping and Logistics being its primary activities and expansion and diversification thereupon gradually. Here the name of the control system in the ERP would be SAP i.e. Systems Applications and Products in Data Processing which is an ERP package aimed to cover all the functional aspects of a Business. SAP is now one of the leading ERP (Enterprise by Resource Planning) available in the market that serves the purpose of Control systems at work very efficiently.
It is indeed a very structured Control System, that would be undertaken in the Organization and it would help in the following ways:
Apart from the above advantages, the Organization would also need an Information system in place that could help handling the Management by Information (MIS) issues too.
Handling of MIS issue by Organization:
The Organization, with the implementation of SAP, would thus be able to handle the MIS issue in the following ways:
Therefore, this is how an Organization could adapt to SAP in the efforts to resolve various Organizational issues and ensure more efficiency in the system.
In general, in the Supply Chain Management discipline ERP also has played an important role. The purpose of Supply Chain Management is to enable a linkage of the flow of goods from the raw materials to its end-users thereby including a broad network of Company’s various parties such as the suppliers, the intermediaries and finally the customers. When this network is managed with Enterprise Resource Planning (ERP) systems, then the flow of goods as well as money from one end to the other alongside flow of information in a unified way becomes more feasible. Now, with the advent of Globalization, as internet has made its way well with the ERP systems, and also with such activities in the designing of a firm’s Supply Chain network, there is higher efficiency established in the Global distribution channels that in turn gives rise to the income generation power of the firm and adds value to the end product that reaches to the customer.
As an IT manager, discuss how your company will use Enterprise Resource Planning (ERP) to integrate...
All of the following are advantages of enterprise resource planning (ERP) except it Group of answer choices creates commonality of databases increases communications and collaboration worldwide helps integrate multiple sites and business units requires major changes in the company and its processes to implement can provide a strategic advantage over competitors
a. Describe the Enterprise Resource Planning (ERP) System. b. Outline the major advantages and disadvantages of having an ERP system within an organization. c. Explain how an ERP system can improve the evaluation and analysis of performance metrics. Give an example of a practical application within any organization (service or manufacturing).
(a) SAP is an example of an Enterprise Resource Planning (ERP) systems that big organizations use to process transactions, produce financial reports and make decisions. ERP implementations ane at risk to extensive cost overruns. Discuss three of the more commoniy experienced problems in ERP implementation. (12 marks) (b) Explain the risks associated with the creation of unnecessary roles in organizations and why it can happen. (9 marks)
How does the use of an ERP (enterprise resource planning) with financial and managerial accounting systems contribute to a company’s success? answer in 200 words
discuss some of the basic features of an enterprise resource planning. How do these features distinguished an ERP from and integrated accounting software program.
Discuss the relationship between the Enterprise Resource Planning system and the Manufacturing Planning and Control system. What key features of the manufacturing task impact the design of the Manufacturing Planning and Control system? Explain how those systems contribute to the organization. Please give one reference to your post
The engineering team at Manuel's Manufacturing, Inc., is planning to purchase an enterprise resource planning (ERP) system. The software and installation from Vendor A costs $380,000 initially and is expected to increase revenue $125,000 per year every year. The software and installation from Vendor B costs $280,000 and is expected to increase revenue $95,000 per year. Manuel's uses a 4-year planning horizon and a 10% per year MARR. Click here to access the TVM Factor Table Calculator * Your answer...
4 A mid-sized company has decided to implement an enterprise resource planning (ERP) system, and management suspects that many of its employees are concerned about the planned implementation Managers are considering holding informational workshops to help decrease ariety levels among employees. To determine whether such an approach would be effective, they randomly select 16 employees to participate in a pilot workshop These employees were given a questionnaire to measure andety levels about ERP before and after participating in the workshop....
Please prepare some brief comments (robust paragraph or two) on enterprise resource planning. Instead of detailed research, focus on identification of an image or two that capture the nature of the topic and build your comments around those images. How do they capture the essense of the topic, and how do they enhance your understanding of the topic? As a possible focus or idea generator: How is a strong ERP designed? What are the challenges to installation and/or operation of...
2 Which of the following is false concerning enterprise resource planning (ERP) a. It attempts to autohate and inegrate the ma ority ofbusiness processes. b. tt shares conmon data and practices across the enterprise. c It ?5 inexpensive to i:"tlemen. d. It provides and accesses information in a real-time environment e. All of the above are true. Which of the following is a function of inventory? a. to protect against stockouts b. to mect anticipated customer demand c. to take...